Economy Nov 25 Macy's says employee hid up to $154 million in expenses, delaying full earnings release By Michelle Chapman, Associated Press
Arts Oct 22 Santa Claus won't be coming to Macy's this year More than a quarter of a million people come to see Santa at Macy’s in New York each year, the company said. That makes it hard to create a safe environment during a pandemic. By Joseph Pisani, Associated Press
Economy Mar 30 Macy's, Kohl's, Gap to furlough majority of their workers Macy's is furloughing a majority of its 130,000 workers beginning this week as its sales have collapsed because of the pandemic. By Anne D'Innocenzio, Associated Press
Economy Feb 04 Macy's to close 125 stores, shed 2,000 corporate jobs The store closures represent about one fifth of Macy's current total. They didn't specify how many jobs would be lost at the shuttered stores. By Anne D'Innocenzio, Associated Press
Economy Aug 13 Sagging Interest in Motor Vehicles Drives July Retail Sales Down Driven down by sagging demand for vehicles, U.S. retail sales had their worst showing in five months in July, according to newly released government figures. By PBS News Hour
Feb 28 Department Stores to Merge in $11 Billion Deal By PBS News Hour Federated Department Stores Inc., parent to high-end retailers Bloomingdale's and Macy's, is buying rival May Department Stores Co. for $11 billion in cash and stock, the companies announced Monday. Continue reading